MATH245

This course examines methods of mathematics used in business and economics, with a focus on problem solving and applications. It includes the ideas of differential calculus, including applications to marginal analysis (cost, revenue, profit), the elasticity of demand, and optimization. Concepts of integration up through substitution are included. Optimization is further examined through systems of linear equations and matrices, linear programming and a brief introduction to game theory. Required for Business Majors. Prerequisite: Math 115, Math 145, MATH 151 or Math SAT 620 or above.